Skip to main content

About your Search

20130101
20130131
Search Results 0 to 3 of about 4 (some duplicates have been removed)
been looking at what's happening in places like texas and in places like tennessee, i'm in nashville, tennessee, today it's boomtown, usa. states that have no income tax and the evidence is irrefutable that businesses and capital and families are moving out of those high tax states like where you live in new york and moving to these no tax states. he so you've got a number of places like north carolina, like arkansas, like kansas and oklahoma and the south and southwest, that say, you know, we don't want to be like california we want to be like texas and they're looking at eliminating their income tax. >> paul: okay, steve, but what about the revenue losses? that will be the big complaint if you give that up you're going to lose revenue. how do you make it it up? >> a great question, a lot of states say we'll expand and maybe increase sales tax and that's been a political hazard if it hasn't worked well in places that tried that. i want to toss out another idea that some states are looking at. why not use this bonanza of money from the energy revolution we talked about a little bit e
like tennessee. i'm in nashville, tennessee today. town, u.s.a. this is states that it have no income tax. the evidence is irrefutable that businesses and capital and families are moving out of those high tax states where you live in new york and moving to these no tax states. you have got a number of places like northu' carolina, like arkansas, like kansas and oklahoma and south and southwest that say we don't want to be like california. we want to be like -- they are looking at eliminating their income taxes. >> revenue losses that will be complaint new give that up you are going to lose revenue. how do you make it up? >> that's a great question a lot of these states are saying thee are going to expand and maybe increase our sales tax. that's politically hazardous it hasn't looked very well. some states are looking a why not use this bonanza of money from the energy revolution that we talked about a little bit about earlier. use some of that money in terms of the severance taxes that you can raise and royalties. that's how wyoming and alaska got rid of their income tax. >> you said
Search Results 0 to 3 of about 4 (some duplicates have been removed)

Terms of Use (31 Dec 2014)